Campbell Bridges, a renowned Scottish gemstone miner and expert was killed in Kenya by an armed gang on Tuesday the 11th of August. Bridges was ambushed and attacked by a group of about 30 men when they were approaching their mining camp. At the time of the attack Campbell Bridges was accompanied by his son, […]
Category Archives: Mining
The Irish owned West Africa Diamonds (WAD), an AIM listed company sold its first parcel of diamonds from its Bomboko mine in Guinea. The mine is 100% owned by WAD. The diamond parcel which was sold in Antwerp weighed 433 carats and fetched $50,270. A large stone in the parcel which weighed 16.27 carats was […]
De Beers (Stock Quote: DBRSY) has agreed to pay a 9% increase in wages to South African workers. The news was made public on Friday by the worlds largest producer of rough diamonds. The trade union for tha workers have initially demanded for a 15% pay hike but later dropped it to 9% because the […]
In the second quarter of 2009 the prices of rough diamonds strengthened at the Letseng Mine in Lesotho according to Rapaport diamond news. In the second quarter the average price per carat for Letseng Diamonds is $1,496- up 47% compared to the average price per carat in the first quarter of 2009. However this price […]
The head of the investigating team from the Kimberly Process Certification Scheme which monitors blood diamonds, Mr Kpandel Fayia has accused the Zimbabwe military for gross human rights violations. According to the financial gazette Zimbabwe, an interim report accused the government as well as the military for the violations. The team also said that the […]
Venezuela’s President Hugo Chavez is seeking for loans to develop the diamond and gold mining sectors. The repayment of the loans will be partially paid with the minerals produced from these mines.However the president did not specify the amount needed. Because of the policy of nationalization of the mining and oil industry of Venezuela, investors […]
Cameroon is expected to start mining diamonds next year. Oscar Matip, the Director of Mines and Geology at the Ministry of Industry, Mines and Technological Development told reporters on the 25th that “mining could begin a year from now. The deposits were discovered in the Mobilong area in south-eastern Cameroon. The deposits are close to […]
Since October last year there has been reports of widespread killing by the military in the eastern Marange diamond fields of Zimbabwe. Murisi Zwizwai the deputy mining minister of Zimbabwe denied the killings in the Marange diamond fields late last year. The denial was made during a meeting of the Kimberely Process in Namibia. He […]
To celebrate the 25th anniversary of the Argyle mines, Rio Tinto’s 2009 Argyle Pink Diamond Tender is offering 43 pink diamonds of exceptional quality. The tender also includes 4 heart shaped pink diamonds. The tender titled grand passions is said to comprise of 43 of the rarest pink diamonds from the Argyle Diamond Mine. Presently […]
At Windhoek, Namibia over 200 delegates are meeting from Tuesday to review efforts in preventing diamonds from funding armed conflicts in developing countries. The three day long meeting will be hosted by Namibia, which is currently heading the Kimberley Process. The main aim of the meeting will be to further control the illegal diamond trade […]